NSW big winner in $4.7b spend
Phillip Coorey and Brian Robins
December 13, 2008
NSW is the chief beneficiary of a $4.7 billion federal spending package announced yesterday to boost road, rail and education infrastructure, as well as give business more than $1.6 billion in tax breaks to encourage investment during the economic downturn.
The Prime Minister, Kevin Rudd, said the package - of which $2.5 billion was new money - was the curtain-raiser for what would be a "much more significant" package of infrastructure measures in the new year when the Government dips into its $12.6 billion Building Australia Fund. It would create 32,000 jobs and boost economic growth by between 0.25 percentage points and 0.5 percentage points.
see the rest at .....
http://www.smh.com.au/news/national/nsw-spree-winner/2008/12/12/1228585118314.html
I saw Anthony Albanese on TV last night talking about 1 million new concrete railway sleepers.
MSC is in the right place at the right time with its green cement product.
Coming down the track is the green tyre product.
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